Absa Group was recognised in the “Africa’s Best Transformation” category at the prestigious Euromoney Awards for Excellence 2019 that was held at a ceremony in London last night.
Absa Bank Limited (the “Borrower” or “Absa” or the “Bank”), Bank of America Merrill Lynch and Standard Chartered Bank (together the “Bookrunners” and “Coordinators”) are pleased to announce the signing and successful closing of a US$ 500,000,000 Term Loan facility
24 June 2019
Absa and Tshimong give South Africa’s youth a voice
Absa has partnered with Tshimong Media to produce “The Interchange”, a podcast series on Cliff Central which aims to stimulate critical thinking skills among young South Africans through the power of debate.
Absa Group Ltd., one of the largest financial services providers in Africa, told investors yesterday that its programme to separate from Barclays PLC is 69% complete, with 184 of the 266 projects having been successfully delivered, two years into the three-year programme.
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) erased most of last month’s gain and fell to 45.4 index points in May from 47.2 points in April. Barring a drop to 45 points in March, this is the weakest level since October 2018.
Societe Generale, a leading European bank with operations in 19 African countries, and Absa Group Limited (“Absa”), a leading financial services group in Africa with presence in 12 countries, announced in January a commercial agreement on a combined wholesale banking offer to better serve their clients in their financial needs across the African continent